Urbanization + GLobalization Flashcards
Globalization
Growing interdependence of countries worldwide through the increase of the variety and volume of cross-border transactions of goods and services and international capital flows (through the rapid and widespread diffusion of technology & ideas)
Capitalism
An economic system based on private ownership of the means of production and their operation for profit
Economies of scale
a proportionate saving in costs gained by an increased level of production.
Multinational corporations
Corporations that have many activities and concerns located in multiple nation-states, but that remain fundamentally attached to a “home” nation-state.
Transnational corporations
Corporations that are fundamentally unattached to a single nation-state, and thus are freer to pursue global strategies that may conflict with the interests of nation-states.
Types of regions
Core
Semi-Periphery
Periphery
Core Regions
Centres of economic, political, and/or cultural power. Act as dominant producers of high-order information for export and serve as command and control (management) points. (London, New York)
Semi-Periphery Regions
Regions that are moving toward world city status as their economies start to prosper. (Mexico City, South Korea)
Periphery regions
“Controlled” or managed cities and operate economically on the margins of the global economy (Auckland, Lagos, Lima). Generally lesser developed countries.
How is internet distributed all across the world?
Underwater cables
Strongest internet connectivity
between North America and Europe
North America and Asia
Weaker internet connectivity
Africa and Asia
Africa and Europe
Latin America and Europe
Malthus
resources are finite and we are doomed
Marx
We are technologically capable of overcoming problems and sustaining ourselves
Exogenous Pressures
Resource Constraints
Climate Change
Extreme Events
Population Change and Urbanization